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election. which is we are going to put revenue on the table. that is an enormous step forward by the republicans. not something we want to do but something we recognize we have to do to get there. i think the proposal to rex us toward where the real problems are which is entitlement spending. we cannot solve this with just revenue. while we like the paul ryan budget, the speaker basically picked up elements of some of the proposal from erskine bowles in an effort to try to reach forward. i think the speaker should be given a lot of credit for a great opening position. host: so, loopholes and deductions that. does that violate the pledge to not raise taxes? guest: i don't think so. i think keeping tax rate with a r is the real question. you can increase revenue without increasing tax rates. honestly, just a more efficient system redistributing investments toward things that generate economic growth. that is something that paul ryan has been a leading advocate of. yeah, i think this is a really s
election. which is we are going to put revenue on the table. that is an enormous step forward by the republicans. not something we want to do but something we recognize we have to do to get there. i think the proposal to rex us toward where the real problems are which is entitlement spending. we cannot solve this with just revenue. while we like the paul ryan budget, the speaker basically picked up elements of some of the proposal from erskine bowles in an effort to try to reach forward. i...
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Dec 5, 2012
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midterm election and a second-year presidency. john boehner is speaker for four years and hopefully this is the beginning of a productive relationship. >> host: unison news last week -- a >> guest: unintentionally. >> host: you said republicans should agree to president. extend the tax cuts for 90% of americans and tightly drawn for extending tax cuts for wealthier americans. given what was put up a speaker boehner yesterday, does that change her position? >> guest: not at all. more importantly it's the right thing to do. the two sides agree we don't want to raise taxes on 90% of the american people. we should take one of the line of fire so to speak. i want them to follow debate committee engaged in the debate. i think it will come to our side of the debate. but if their weight in the next 30 days their taxes will go up, they don't have a vote of confidence anyway mishandled the, that's what they're going to focus on. this has been a democratic point of leverage in the debate. my position would be, let's take up the table. that p
midterm election and a second-year presidency. john boehner is speaker for four years and hopefully this is the beginning of a productive relationship. >> host: unison news last week -- a >> guest: unintentionally. >> host: you said republicans should agree to president. extend the tax cuts for 90% of americans and tightly drawn for extending tax cuts for wealthier americans. given what was put up a speaker boehner yesterday, does that change her position? >> guest: not...
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Dec 9, 2012
12/12
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i was a newly elected governor, i had a lot of political leverage and for various reasons i will not bore you with had the upper hand in the negotiations. i put the pedal to the metal. i won that round. however, the ill will that came from pushing to the other side was so strong that years later legislative leaders remembered how difficult that negotiation was and how unreasonable in their mind i was. we were still talking about payback six and seven years later in future negotiations. i share that -- as you think about not just this moment but the relationship between the congress and the president going forward. it is unclear whether there is enough republicans to support or even consider the rate increase generally, but at the very least i think they would want to see not just that question, but they would want to see what does it come with. i describe it as the two wings of the plane. people are working on one side, but not much discussion on the entitlement and structural spending reduction wing. republicans have put revenues on the table. there are lots of different ways to get
i was a newly elected governor, i had a lot of political leverage and for various reasons i will not bore you with had the upper hand in the negotiations. i put the pedal to the metal. i won that round. however, the ill will that came from pushing to the other side was so strong that years later legislative leaders remembered how difficult that negotiation was and how unreasonable in their mind i was. we were still talking about payback six and seven years later in future negotiations. i share...
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bush was elected and liberal democrats saying, oh, my gosh, we're never going to win another election, i always caution people are conservative like me, look, republicans can make a come back, they can win in 2014 and 16. you shouldn't abandon your basic principles, in my view that would be the worst thing to do. >> the tea party has said, look, we're for smaller government, less government interference. >> we have this historical battle between thomas jefferson and alexander hamilton going all the way back to that point, how much government do we want or not want. but on an optimistic note, we always seem to manage to get beyond this. >> congress is busy at work and just not on the fiscal cliff. ac, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ bp has paid overthe people of bp twenty-threeitment to the gulf. billion dol
bush was elected and liberal democrats saying, oh, my gosh, we're never going to win another election, i always caution people are conservative like me, look, republicans can make a come back, they can win in 2014 and 16. you shouldn't abandon your basic principles, in my view that would be the worst thing to do. >> the tea party has said, look, we're for smaller government, less government interference. >> we have this historical battle between thomas jefferson and alexander...
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bush was elected. i always caution, you know, people are conservative like me, look, republicans can make a comeback. they can win in 2014, 16. you shouldn't abandon your basic principle ps. >> mark, you guest the last word, the final 15 seconds. tea party, less government interferen interference, are those sorts of ideas fading? >> no. i think that's part of the experience. we have this constant historical batter going all the way back to that point. how much government do we want or don't want and i think this is just part of that battle. i know on an only optimistic vote we always find a way to resolve this and come up with a right solution. >> thank you guys so much for joining me. congress is busy at work and just not on the fiscal cliff. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it rai
bush was elected. i always caution, you know, people are conservative like me, look, republicans can make a comeback. they can win in 2014, 16. you shouldn't abandon your basic principle ps. >> mark, you guest the last word, the final 15 seconds. tea party, less government interferen interference, are those sorts of ideas fading? >> no. i think that's part of the experience. we have this constant historical batter going all the way back to that point. how much government do we want...
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Dec 6, 2012
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they are feeling so good about the election, they have forgotten they have a duty to govern. a lot of people are going to suffer a lot if we go off the cliff. that is why we assumed democrats would have preferred to avoid it. we thought this was the perfect opportunity to do something. apparently we were wrong. >> at the beginning of wednesday's one house briefing, jason furman told reporters the plan to close loopholes and lower tax deductions would ultimately hurt the middle class. this is 10 minutes. >> thanks for being here. good afternoon. i, as you can see, have brought a guest. jason furman is the principal deputy director of the national economic council. he is also an assistant to the president for economic policy. he's somebody that many of you are familiar with. in the last several days in particular we've had a lot of questions and a lot of conversation about the issue of revenue, and how we achieve significant revenue as part of a broad deficit reduction package. it is the president's position, as you know, that we need to have income tax rates on the highest ear
they are feeling so good about the election, they have forgotten they have a duty to govern. a lot of people are going to suffer a lot if we go off the cliff. that is why we assumed democrats would have preferred to avoid it. we thought this was the perfect opportunity to do something. apparently we were wrong. >> at the beginning of wednesday's one house briefing, jason furman told reporters the plan to close loopholes and lower tax deductions would ultimately hurt the middle class. this...
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Dec 10, 2012
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again our two fiscal cliff portfolios for the first time since the election of november 6th, they are betting we will not go over the fiscal cliff interestingly enough. right now the dow up just 15 points as we head towards the close. much more to come on the second hour of "closing bell." >>> and it's that time of day. it's 4:00 p.m. here on wall street. maria will be back in the seat tomorrow. as the clock winds down to the fiscal cliff deadline, this is how we're finishing on wall street. at this stage it looks like we got a gain of only 14 points for the dow. obviously we were higher than that, not much more but were higher earlier in the day. the nasdaq up by only eight points and the s&p finishing up by just a trickle of positive. well, ticktock. the market is closed. seems to be waiting once again for some clear signal on what's going to happen with regards to the fiscal cliff. how can you make money in the final trading sessions of the year amongst all this uncertainty? >> we have definite answers coming with our panel. back with us nathan bachrach from the financial network.
again our two fiscal cliff portfolios for the first time since the election of november 6th, they are betting we will not go over the fiscal cliff interestingly enough. right now the dow up just 15 points as we head towards the close. much more to come on the second hour of "closing bell." >>> and it's that time of day. it's 4:00 p.m. here on wall street. maria will be back in the seat tomorrow. as the clock winds down to the fiscal cliff deadline, this is how we're finishing...
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Dec 3, 2012
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they just won an election. their position on policies are much more popular than the republican positions are and they're willing to go over the cliff. going over the cliff for them is not the worst of all possible worlds. they get the tax position that they want, they get spending cuts that they can basically live with, and obama is capable of managing the economic fallout of it. that's another reason why i think it's important that geithner is the front man here, that geithner is the type of guy who can talk to the street in a way that's very assuring. >> the street, not the streets. >> yeah. >> also if they -- if we go over the cliff, i mean, the republicans then look like they let it happen all for the 2% as michael was saying because that's what this becomes about. that's not something they want. it doesn't put them in a good position. to some degree this is a choreographed dance that has to happen. they cannot come to a deal without a humongous fight. >> this is also the white house i think has managed th
they just won an election. their position on policies are much more popular than the republican positions are and they're willing to go over the cliff. going over the cliff for them is not the worst of all possible worlds. they get the tax position that they want, they get spending cuts that they can basically live with, and obama is capable of managing the economic fallout of it. that's another reason why i think it's important that geithner is the front man here, that geithner is the type of...
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and george bush lost re-election. since then the party's been committed to never compromising on the tax issue, no matter the deficit. no congressional republican has voted for an increase in taxes since 1990. think about it. for nearly a quarter of a century, no new income taxes. in the current congress, 236 house republicans vowed never to raise taxes. 40 gop senators also kept that pledge. even president george w. bush, the man who got us into two wars we didn't pay for. the president who exploded our deficit. he insisted the solution to our problems were more tax cuts. president clinton handed him a $236 billion surplus. a surplus. and left office with a $1.2 trillion deficit. but he just had to keep those tax cuts coming, but something remarkable may be happening in our politics. we're on the verge of something big. after decades of silliness, this lock-step republican fantasy that has hurt our country, president obama is close to breaking the gop tax unity. >> unfortunately, the speaker's proposal right now is s
and george bush lost re-election. since then the party's been committed to never compromising on the tax issue, no matter the deficit. no congressional republican has voted for an increase in taxes since 1990. think about it. for nearly a quarter of a century, no new income taxes. in the current congress, 236 house republicans vowed never to raise taxes. 40 gop senators also kept that pledge. even president george w. bush, the man who got us into two wars we didn't pay for. the president who...
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nancy pelosi and the newly elected house leaders. california's maxine waters the top democrat in financial services. the first democratic women to serve as ranking members of either of those committees. many of the top jobs are not changing hands. last week the caucus re-elected pelosi, van hollen into their leadership role and after yesterday's vote waxman and slaughter will remain the ranking members of their key committees. gag ls coming here next. the gaggle makes it to new york. first, the white house soup of the day. ceos and the president munching on chicken noodle. i could use one more day of chicken noodle soup and my fiscal cough, i think, will be gone. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. go ahead, mark your calendars.
nancy pelosi and the newly elected house leaders. california's maxine waters the top democrat in financial services. the first democratic women to serve as ranking members of either of those committees. many of the top jobs are not changing hands. last week the caucus re-elected pelosi, van hollen into their leadership role and after yesterday's vote waxman and slaughter will remain the ranking members of their key committees. gag ls coming here next. the gaggle makes it to new york. first, the...
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re-elected the president and tilts the see-saw in what democrats would like in a larger revenue. >> the economy is in a different position, the president actually did sign into law a series of cuts, he's proposed a lot in his 2013 budget. it's not like he's been stagnant. we've been having this argument throughout the presidential campaign and guess what? as we keep saying, americans said we're not buying it. the conditions have changed, the economy has changed, i think the outlook in the picture has changed. that's part of the reason the president is so firm about not going back to the debt ceiling conversation again and creating that level of instability and not bending on this issue of raisings the rates on the top 2%. >> yeah. i think -- >> go ahead. >> it's an important point. i think the american people are seeing that the president has already agreed to more than a year ago to that $1 trillion of cuts. that was 100% in cuts as part of the budget control act and he's always said we need a balanced approach. we can't do it through cuts alone. he has proposed additional cuts as
re-elected the president and tilts the see-saw in what democrats would like in a larger revenue. >> the economy is in a different position, the president actually did sign into law a series of cuts, he's proposed a lot in his 2013 budget. it's not like he's been stagnant. we've been having this argument throughout the presidential campaign and guess what? as we keep saying, americans said we're not buying it. the conditions have changed, the economy has changed, i think the outlook in the...
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the election was pretty clear and decisive result. the american people now regard by significant numbers, the republicans as obstructionists. i think they have a very important objective, the republicans do, that is to shed this label of obstructionist. i think there's also a huge incentive for the president as well. he's now in his second term. and history and the american people aren't going to judge him by saying, well, they caused it to fail. they want results, they want production, and i think the republicans have to produce, they both is an interest in doing it. >> former senate majority leader, george mitchell. thank you so much for swinging by. and now that i know you live fairly close by, we'll invite you every other week, perhaps. next time we'll talk baseball. >> how about thanks a lot. >> coming up, jimmy carter never shy to criticize the current players in the middle east peace effort. >> they netanyahu policy needs to change. because he's the first prime minister in the history of the israel that has shifted to a one-sta
the election was pretty clear and decisive result. the american people now regard by significant numbers, the republicans as obstructionists. i think they have a very important objective, the republicans do, that is to shed this label of obstructionist. i think there's also a huge incentive for the president as well. he's now in his second term. and history and the american people aren't going to judge him by saying, well, they caused it to fail. they want results, they want production, and i...
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the elected leader should launch and extradited process to enact the legislation that will construct this remark in 2013 and putting powerful, the appropriate defaults and enforcement mechanisms. without a recalibrating sustainable fiscal policy, the united states international standing will decline and its national security will be undermined. such an outcome would be bad for the united states and in our view bad for the world. as pete said, she and i are joined here today with three distinguished individuals hoffa. we made a difference and had to come up with tough solutions to very complex problems. and it's been a privilege for me to be with them in approaching what this coalition and those who are not here today have brought together to try to inject some energy in the right place at the right time. next appear will be senator sam nunn, longstanding german and senate armed services who understands our country and national security as well or better than anybody that i have ever worked with. thanks to pete peterson for getting this group together and for so much else and for mich
the elected leader should launch and extradited process to enact the legislation that will construct this remark in 2013 and putting powerful, the appropriate defaults and enforcement mechanisms. without a recalibrating sustainable fiscal policy, the united states international standing will decline and its national security will be undermined. such an outcome would be bad for the united states and in our view bad for the world. as pete said, she and i are joined here today with three...
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failed them in this last election. they want to pivot and make a rebrand of the republican party. those are the folks that are the deciding votes in the republican caucus, enough to combine with democrats who shorten that margin in the house to get something passed. >> an interesting note, erin. congresswoman bass mentioned another possible strategy from democra democrats. earlier told nancy pelosi tsd if speaker boehner refuses to schedule this for a vote, democrats will introduce a discharge petition it to automatically bring to the floor the senate-passed middle class tax cut. even though congresswoman bass and others have expressed opt mit optimism, when you put them in a corner, there's not a guarantee a deal will be made in the time period needed. >> that's right. something like that would certainly fail in the house because, of course, there is a republican majority there. they would pick off some republicans. i don't think you would get enough for something like that to pass. i just spoke to some democratic aid
failed them in this last election. they want to pivot and make a rebrand of the republican party. those are the folks that are the deciding votes in the republican caucus, enough to combine with democrats who shorten that margin in the house to get something passed. >> an interesting note, erin. congresswoman bass mentioned another possible strategy from democra democrats. earlier told nancy pelosi tsd if speaker boehner refuses to schedule this for a vote, democrats will introduce a...
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he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority in a democracy than people who talk about elections. >> ryan, that does seem to be the point. republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of americans, 60%, according to a "washington post" abc news poll who favor raising taxes on folks earning more than $250,000 a year. but there are a couple other things to keep in mind, as well. president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that
he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority in a democracy than people who talk about elections. >> ryan, that does seem to be the point. republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of americans, 60%, according to a "washington...
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others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as much as 3% to 5%. it will throw another 2 million people out of work. unemployment will go to 9%. i think it is about a third that will go over the cliff. people will go there very quickly for lots of different reasons. you will see the numbers in the fourth quarter. i think the real problem is if we do not get a deal right away. that will lead to chaos. host: chaos he says. guest: i think it is a fair assessment to say there is a chance we might go off the cliff. if we do, it is not for a long cliff. i am a little more optim
others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as...
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. >> though i wish this election turned out a little differently, i'm proud of the campaign that mitt romney and i ran. losing is part of politics. and it can often prepare the way for greater victories. >> speaking of greater victories, at the latest "washington post"/abc poll on hillary clinton, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in that partisan atmosphere, some of her stratospheric numbers will drop down. i would say she has been skeptical very skeptical of running. if you look at these numbers if you have any interest of being the president of the united states this may be a hard race to say no to. >> i think the rest of the political world knows w
. >> though i wish this election turned out a little differently, i'm proud of the campaign that mitt romney and i ran. losing is part of politics. and it can often prepare the way for greater victories. >> speaking of greater victories, at the latest "washington post"/abc poll on hillary clinton, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity...
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election in the second term presidency. so john boehner is active to be speaker the next four years hopefully this is the beginning of a productive relationship. >> host: you made some news last week -- >> guest: not intentionally. [laughter] >> host: when you said republicans should agree with the president, go ahead and extend the tax cuts for 98% of americans and fight leader on for extending those tax cuts for wealthier americans. given what was put out by speaker boehner yesterday, did that change your position? >> guest: not at all. i think that's the smart thing to do. it's the right thing to do. the two sides agreed that we don't want to raise taxes on 98% of the american people. we should agree to take them out of the line of fire so to speak. i want them to follow the the date. i want them to be engaged in the the date. i think they will come to our side of the date. but if they are worried in the next 30 days their taxes are going to go up, if they don't have a lot of confidence any way, mishandling things, and i
election in the second term presidency. so john boehner is active to be speaker the next four years hopefully this is the beginning of a productive relationship. >> host: you made some news last week -- >> guest: not intentionally. [laughter] >> host: when you said republicans should agree with the president, go ahead and extend the tax cuts for 98% of americans and fight leader on for extending those tax cuts for wealthier americans. given what was put out by speaker boehner...
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they lost the election. they continue to have control of the house but they have lost a lot of ground and have to come to terms with it. this is going to take some time. having watched so many negotiations play out over the years, the ice never breaks until the very last minute. >> you two, thank you so much. good to talk with you as always. >>> pouring rain and heavy storms are heading to nevada after pounding much of northern california. many rivers are expected to crest above flood stage. the rain may be too much, especially in one mountain town. let's go live to miguel almaguer. look at the raging waters behind you. >> reporter: what a difference a day makes. we got here yesterday afternoon and the water level was almost this high. we didn't see the rapids coming down this river and this is not at crest. we're told this river at least in had this area right here in downtown truckee will not flood. it's not expected to flood, but that doesn't mean it won't overflow. here in the county, a state of emergenc
they lost the election. they continue to have control of the house but they have lost a lot of ground and have to come to terms with it. this is going to take some time. having watched so many negotiations play out over the years, the ice never breaks until the very last minute. >> you two, thank you so much. good to talk with you as always. >>> pouring rain and heavy storms are heading to nevada after pounding much of northern california. many rivers are expected to crest above...
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i am frustrated the rnc did not launch it before the election. they claim they did not have funding for it. which boggles the mind when you think of the rnc. they raised a lot of money. i think if they had launched it, it could have put activities behind it. it could have had meaningful impact. the decision was made not to. that speaks to what i was talking about earlier. we cannot give lip service to, we are the party of inclusion. we mean it. we really do. it was an epic fail 2012 in my opinion. >> let's watch and get your reaction. [video clip] >> there are all types of proposals. that is what we need right now. if we had some more targeted solutions, we would move down the road. it has been really hard to get anything accomplished. >> that was back in april, 2012. what do you think? would you have been behind the president's jobs bill? >> i would not. i think it is a bunch of poppycock. the president wanted $400 billion more funding from congress to support his jobs bill, which was going to create jobs for what i would consider his winners an
i am frustrated the rnc did not launch it before the election. they claim they did not have funding for it. which boggles the mind when you think of the rnc. they raised a lot of money. i think if they had launched it, it could have put activities behind it. it could have had meaningful impact. the decision was made not to. that speaks to what i was talking about earlier. we cannot give lip service to, we are the party of inclusion. we mean it. we really do. it was an epic fail 2012 in my...
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why was not discussed in the election cycle? >> guest: i would argue it is not working. he particularly would not work if you do not have a patch. even with a patch, the way the amt works is they will increase taxes, for example, take capital gains come in the example you've raised. the tax rate in the minimum tax for a variety of technical reasons is 22%, not 15%. if your income is between $200,000.500000. once your income goes over $500,000, the amt rate, the capital gains rate drops down to mac 15%. it is a totally bizarre effect every structure which you have the higher marginal rate -- i'm sitting between 200,000, in 500,000 is wealthy by make estimation. but it's not as wealthy as making more than $500,000. so you have a structure that the moderately wealthy face higher effective tax rates than those which i consider to be truly well-off, making more than $500,000, white was discussed in the last election i can't tell you. it's not discussed enough. i believe in the current discussion at the clift either. this is often ignored in the fact that this takes effect for
why was not discussed in the election cycle? >> guest: i would argue it is not working. he particularly would not work if you do not have a patch. even with a patch, the way the amt works is they will increase taxes, for example, take capital gains come in the example you've raised. the tax rate in the minimum tax for a variety of technical reasons is 22%, not 15%. if your income is between $200,000.500000. once your income goes over $500,000, the amt rate, the capital gains rate drops...
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elections. so, let me just quote one final citation in closing from the egyptian muslim brotherhood's web site before they realized everyone was reading it and then learned the lesson of western p.r. quote, if democracy means that people decide who leads them, then we accept it. if it means that people can change the laws of allah and follow what they wish to follow, then it is not acceptable. that's the heart of the story and it is not the path to democracy. thank you. >> it's getting a little feisty here. but bring up brian. >> it's great to be here. i love the spirit of this. i'm probably going to bring this back a notch. i think a big part of this is the definition aspect of what is is lama, who was winning how much? pay attention to those details. i want to make three points. two to the motion and another about policy. number one and, i think the question of islam and democracy and whether it is compatible, not what we are debating, is the charm of the irrelevant question. you have many mus
elections. so, let me just quote one final citation in closing from the egyptian muslim brotherhood's web site before they realized everyone was reading it and then learned the lesson of western p.r. quote, if democracy means that people decide who leads them, then we accept it. if it means that people can change the laws of allah and follow what they wish to follow, then it is not acceptable. that's the heart of the story and it is not the path to democracy. thank you. >> it's getting a...
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last week at the right house, we had our first meeting since the election. it was a chance for me to banks -- thank my entire team for their service for keeping the country safe and strong. few have done more than you in that regard. that includes taking care of our remarkable men and women in uniform and their families. keeping our military the best in the world bar none. thank you for being such an outstanding secretary of defense. [applause] i am not here to give a big speech. i wanted to come by and join you in marking the 20th anniversary of one of the country's smartest and most successful national security programs. people in this room conceived it and build it. i want to a knowledge a leader who now helps guide the secretary of defense. thank you for your great work. [applause] you have to think about what real visionaries do. you look at the world and see what is missing. they set out to fill the gap. to build something new. to imagine after decades of confrontation how our nations might engage in cooperation. early in the cold war, einstein warned
last week at the right house, we had our first meeting since the election. it was a chance for me to banks -- thank my entire team for their service for keeping the country safe and strong. few have done more than you in that regard. that includes taking care of our remarkable men and women in uniform and their families. keeping our military the best in the world bar none. thank you for being such an outstanding secretary of defense. [applause] i am not here to give a big speech. i wanted to...
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Dec 6, 2012
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i was a newly elected governor. i had a lot of leverage. we had the upper hand in the negotiations, and i put the pedal to the metal. i won that round. however, the ill will that came from pushing to the other side was so strong that years later legislative leaders remembered how difficult that negotiation was and how unreasonable in their mind i was. we were still talking about payback six and seven years later in future negotiations. i share that -- as you think about not just this moment but the relationship between the congress and the president going forward. it is unclear whether there is enough republicans to support or even consider the rate increase generally, but at the very least i think they would want to see not just that question, but they would want to see what does it come with. i describe it as the two wings of the plane. people are working on one side, but not much discussion on the entitlement and structural spending reduction wing. republicans have put revenues on the table. there are lots of different ways to get revenu
i was a newly elected governor. i had a lot of leverage. we had the upper hand in the negotiations, and i put the pedal to the metal. i won that round. however, the ill will that came from pushing to the other side was so strong that years later legislative leaders remembered how difficult that negotiation was and how unreasonable in their mind i was. we were still talking about payback six and seven years later in future negotiations. i share that -- as you think about not just this moment but...
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our people in an overwhelmingly matter supported the re-election of this president and there ought be to a quid pro quo and we ought to exercise leadership on that. not just that, but why not? >>neil: what do you thing 1/2? >>guest: it is unfortunate. that is one council woman's comments. a challenge in detroit the city council and the mayor have not been on the same page. they are running out of time. they have been in a financial crisis if a long-term and it is an emergency. i am asking, actually, for a review to go in and spend 30 days starting next week to say, what is the situation on the ground and get things done or we have to look at other options. >>neil: her comments highlight what has been an attitude by unions and others to seize the moment and the initiatives and say president obama, we helped bring you this election and there is much to be said. they brought out the vote. the passion vote forment mit, the passion never turned out for the republicans but it did on the democratic side and they want a reward. what do you think of that? >>guest: i would not overread. that is
our people in an overwhelmingly matter supported the re-election of this president and there ought be to a quid pro quo and we ought to exercise leadership on that. not just that, but why not? >>neil: what do you thing 1/2? >>guest: it is unfortunate. that is one council woman's comments. a challenge in detroit the city council and the mayor have not been on the same page. they are running out of time. they have been in a financial crisis if a long-term and it is an emergency. i am...
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the second thing is the uncertainty of the election which held back business investment. for quarter definitely will be weak but the next year i think 2.5 to 3% growth. >> thank you. dave: one of the smartest people in america, no doubt. thank you, good to see you. the clock is ticking away to major tax hikes for everybody. john boehner saying there is no progress to report. so what is going on inside the beltway? we will head there to try to find out. brian led that tells us how the new 60-40 portfolio should look. [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... onyour head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. . . . .. david: come january 1st, no matter which tax plan is put in place the federal government will still spend trillions of dollars each year. lauren: we talked taxes. now let's former cbo director says these cuts fail to control the greatest deficit challenge, federal health care spe
the second thing is the uncertainty of the election which held back business investment. for quarter definitely will be weak but the next year i think 2.5 to 3% growth. >> thank you. dave: one of the smartest people in america, no doubt. thank you, good to see you. the clock is ticking away to major tax hikes for everybody. john boehner saying there is no progress to report. so what is going on inside the beltway? we will head there to try to find out. brian led that tells us how the new...
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this is a device i have issue after the election. we had a ballot proposal that brought up a lot of labor issues. this is one that continued. it's a device i have issue. it's my position let's take leadership and address it in a positive way to starched up for the worker and be preworker and let's move forward, get it behind us and continue the reinvention of michigan about more and better jobs and a future for our kids. >> in terms. reinventing michigan, let me just zero in on one city in your state, detroit, 18.9% unemployment which is absolutely deplorable for the people of detroit. what do you intend to do or what can you do? what can the state do to try to help the city? one city council men last night said as a quid pro quo she wants the president to bail them out. what do you plan to do about detroit? >> we are going to continue working with the city. we did a consent agreement with them earlier this year that called for a number of actions to happen because we do need better services for the citizens of detroit. they deserve
this is a device i have issue after the election. we had a ballot proposal that brought up a lot of labor issues. this is one that continued. it's a device i have issue. it's my position let's take leadership and address it in a positive way to starched up for the worker and be preworker and let's move forward, get it behind us and continue the reinvention of michigan about more and better jobs and a future for our kids. >> in terms. reinventing michigan, let me just zero in on one city...
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we won the election. poll after poll tells us. the american people understand president and the speaker alone in negotiations. what are your thoughts on that? >> well, it shouldn't just be the speaker and the president. it should be the voice of the american people. it should be the senate and should be the house. on these issues, ed, the election mattered. and poll after poll tells us the same thing. not a lot of debate but that's what the american people want. >> that's not getting through to speaker boehner. he just will not move on rates. >> well, that's right. and that is why the president and the democrats have got to stand tall. the democrats must not snatch defeat out of the jaws of victory. we have the american people on our side. we won the election. poll after poll tells us. the american people understand that the wealthiest people are doing phenomenally well. their tax rates are low. meanwhile, the middle class is disappearing, and they're in a lot of trouble. yes, the wealthy and large corporations must be asked to pl
we won the election. poll after poll tells us. the american people understand president and the speaker alone in negotiations. what are your thoughts on that? >> well, it shouldn't just be the speaker and the president. it should be the voice of the american people. it should be the senate and should be the house. on these issues, ed, the election mattered. and poll after poll tells us the same thing. not a lot of debate but that's what the american people want. >> that's not...
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Dec 8, 2012
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in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on america, jim undstands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." because whether you agree with him or not, he was doing wt he thought was best for south carolina and the united states. at the end of the day, that's as good as it gets. because if you're doing what you really believe in and you're not worried about being the most popular and people getting mad ought, then
in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on america, jim undstands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector....
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that's one principle i won't compromise on after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our deficit and strengthen our economy for the long-term. the question is whether we can do it in a responsible way that allows us to keep investing in the things that have always made america strong. i'm convinced we can. and if both sides are willing to compromise, i believe we can give businesses and families a sense of security going into the new year. thanks, and have a great weekend. >> hello, i'm marco rubio. i have the honor of representing florida in the united states senate, and the privilege of addressing you today on behalf of my fellow republicans. our middle class has made america diff
that's one principle i won't compromise on after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our...
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Dec 5, 2012
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they don't have an election until november of 2014. they need to say look, you want to negotiate seriously, we'll sit down and talk. you don't want to negotiate seriously, the country will survive going off this cliff. it's largely a factor in terms of american history, the people will not look back on as a giant tragedy. we need to have serious effort to get this country reorganized and i see no sign that the political system today is at all prepared for that kind of serious thinking. >> but what is so serious about the thinking of a party that just is implacably opposed to raising income tax even for the richest 2%? because the american people don't give a stuff. in all the polls, two-thirds of them are yes, let's tax the wealthiest 2% and by the way, that's me and you, newt. i don't know about you, i'm quite happy to pay a little bit more if it helps the general good. are you? >> well, piers, i'm happy for you to pay it, too. if you want to write a check this evening, the treasury will accept it. i'm delighted with your sense of cit
they don't have an election until november of 2014. they need to say look, you want to negotiate seriously, we'll sit down and talk. you don't want to negotiate seriously, the country will survive going off this cliff. it's largely a factor in terms of american history, the people will not look back on as a giant tragedy. we need to have serious effort to get this country reorganized and i see no sign that the political system today is at all prepared for that kind of serious thinking. >>...
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jobs numbers matter a lot less the month after the election. tiny popularity issues are not the central factor here. it's these negotiations between two guys. >> ayman you're inside the capitol dome right now. what is the sense? were you surprised at the speaker's comments no progress, it was a pleasant conversation, which is a good thing, but the fact thats there's no measurable difference from today versus yesterday? >> yeah. when somebody says if washington they've had a pleasant conversation, that means we got absolutely nothing accomplished but nice to talk to the other guy. i was a little bit surprised because we had heard there was this phone call between the president and speaker on wednesday. yesterday we were told that, in fact, staff negotiations had resumed between obama's staff and the president's -- and the speaker's staff and you saw this very tight coordination of messaging between obama and boehner that indicated they were working together well. then we see this from the speaker today. but after that, the aides came out private
jobs numbers matter a lot less the month after the election. tiny popularity issues are not the central factor here. it's these negotiations between two guys. >> ayman you're inside the capitol dome right now. what is the sense? were you surprised at the speaker's comments no progress, it was a pleasant conversation, which is a good thing, but the fact thats there's no measurable difference from today versus yesterday? >> yeah. when somebody says if washington they've had a pleasant...
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>> the election, you know, the election, seems to me it was a rejection of denialism, extremism, of intolerance. the heritage foundation represents all of those, and i think heritage was influential, really, in the reagan years, maybe a little bit in the bush years. but it's lost some of its luster. partly because the republican brand is staina stained brand with a shrinking base. >> let's hope it's lost some of its luster. do you think, though that someone like jim demint again, newly fired up and perhaps now on a mission could restore the luster of something like the heritage foundation? >> you know i don't see a new -- him newly fired up. i see him newly expelled. he took himself out of the running but, you know, look at what's happened. all of what he stood for has been rejected. obamacare is the law of the land. he fought against that very hard. he fought against reproductive rights. he fought against gay rights. he fought against immigrant rights and coming out of this election, you had marriage quality and a rebuke to todd aiken, the senator who spoke about legitimate rape a man senator
>> the election, you know, the election, seems to me it was a rejection of denialism, extremism, of intolerance. the heritage foundation represents all of those, and i think heritage was influential, really, in the reagan years, maybe a little bit in the bush years. but it's lost some of its luster. partly because the republican brand is staina stained brand with a shrinking base. >> let's hope it's lost some of its luster. do you think, though that someone like jim demint again,...
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they think they stole the 2012 election. >> joe? >> let's look at the front page of the "washington post." it talks about how turkey is going to get nato missiles. i remember when your book came out last year and we did some events with you, you kept talking about the key position, it turkey would play in the world. we're seeing it now especially in syria. but now becoming more powerful force than nato. this is happening. you foresaw it. why is it happening? >> it's happening because the situation is such that we realize we need turkey and it is the point of departure for any effective, constructive or destructive solution. it's as basic as that. but we have to be aware of the fact we can't let turkey out on a limb by itself. extremely successful but vulnerable from the inside. and i can see enemies of turkey ganging up on turkey, stimulating the kurd ishii you, for example, which could be explosive and damaging to turkey's long-range future. >> and you also have a much more complicated relationship between turkey and israel now. >>
they think they stole the 2012 election. >> joe? >> let's look at the front page of the "washington post." it talks about how turkey is going to get nato missiles. i remember when your book came out last year and we did some events with you, you kept talking about the key position, it turkey would play in the world. we're seeing it now especially in syria. but now becoming more powerful force than nato. this is happening. you foresaw it. why is it happening? >> it's...
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Dec 8, 2012
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after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our deficit and strengthen our economy for the long-term. the question is whether we can do it in a responsible way that allows us to keep investing in the things that have always made america strong. i'm convinced we can. and if both sides are willing to compromise, i believe we can give businesses and families a sense of security going into the new year. thanks, and have a great weekend. >> hello, i'm marco rubio. i have the honor of representing florida in the united states senate, and the privilege of addressing you today on behalf of my fellow republicans. our middle class has made america diff
after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our deficit and strengthen our economy for the...
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there was an election on saturday. we'll tell you -- remind you where it was. plus, mitt romney took a ringside seat for a post election bout watching a member of congress fight. we'll tell you where that person is a member of congress. >>> a guy who knows how to throw a punch announced he's coming to washington. how many u.s. presidents also served as secretary of state? and who was the last one? [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. pre
there was an election on saturday. we'll tell you -- remind you where it was. plus, mitt romney took a ringside seat for a post election bout watching a member of congress fight. we'll tell you where that person is a member of congress. >>> a guy who knows how to throw a punch announced he's coming to washington. how many u.s. presidents also served as secretary of state? and who was the last one? [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a...
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she noted that the 2012 election had just ended. she didn't rule out the possibility of a senate run in the future. let's see if she's interested. >> that's absolutely right. >>> "erin burnett outfront" starts at the top of the hour. erin, we hear you've arranged quite the debate over whether republicans should compromise on taxes. give us a preview. >> we are going to have both sides of that. grover norquist, of course, already our guest. he's going to say, we shouldn't have tax increases in this country no matter what, no matter how, no way. then we'll have republican tom cole on, who broke ranks with the republican party, who says, let's extend the bush tax cuts for people making under $250,000 a year and do the rest of it later. something sort of like what the president had put forth. so both of those sides tonight. and then we'll talk about the movie "zero dark 30," already getting oscar buzz, about the raid and capture of osama bin laden. there was all of this concern about whether there was classified information that was lin
she noted that the 2012 election had just ended. she didn't rule out the possibility of a senate run in the future. let's see if she's interested. >> that's absolutely right. >>> "erin burnett outfront" starts at the top of the hour. erin, we hear you've arranged quite the debate over whether republicans should compromise on taxes. give us a preview. >> we are going to have both sides of that. grover norquist, of course, already our guest. he's going to say, we...
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. >> i hate it at princeton where i went. 155 faculty the last election gave to obama. two guys gave to romney. one was a janitor. one was a visiting lecturer. yet the education i got was very one-sided. that's the way it is. all we can do is speak out. >> bill: that's the difference between you and me. i don't want to accept it. i'm struggling for a way for the state to be fair to the taxpayer. and i think that there has to be some standards. >> there is a good way for that stop paying for any of this stuff. >> bill: then the poorer kids don't get to go to college. >> they would be so rich lots of charity. >> bill: you can't depend on that. >> tuition would be lower. >> bill: you say it would be lower but i don't think so. i think the reason the state university is in play is to give people who don't have a lot of money a chance to go to school because they can't afford princeton or harvard tuition. >> go free to prince to be, harvard. >> i don't all of this stuff is accepted. >> we are telling the truth and keeping those right wing people out. >> bill: even at the ken
. >> i hate it at princeton where i went. 155 faculty the last election gave to obama. two guys gave to romney. one was a janitor. one was a visiting lecturer. yet the education i got was very one-sided. that's the way it is. all we can do is speak out. >> bill: that's the difference between you and me. i don't want to accept it. i'm struggling for a way for the state to be fair to the taxpayer. and i think that there has to be some standards. >> there is a good way for that...